College Cost Reduction and Access Act of 2007

Shea-Porter Announces Lower Student Loan Interest Rate

Release Date: Jul 3 2008

FOR IMMEDIATE RELEASE

Thursday, July 03, 2008

MEDIA CONTACT

Jamie Radice (202) 225-5456

 

 

 Shea-Porter Announces Lower Student Loan Interest Rate

 

Washington, DC – Congresswoman Shea-Porter is pleased to announce that as of July 1, the federal student loan interest rate has been lowered to 6.00%.  The rate cut, from 6.8% to 6.00%, is the first of a series of cuts that will take place over the next three years, as part of the College Cost Reduction and Access Act of 2007.

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